Archive for the 'special finance news' Category

Special Finance Loans are Defaulting: Repo Lots Are Overflowing

Special Finance Lenders Taking Back a Lot of Cars 
I noticed that the cover story in USA Today’s Money section says: “Repo Lots Overflow with Reclaimed Cars.”
The article states that repossessions are at their highest level in ten years.  There were 1.6 million repossessions in 2007, which is a third higher than they were ten years ago.  […]


 

 

 

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